Petrofac Limited (POFCF)
| Market Cap | 31.53M |
| Revenue (ttm) | 2.51B |
| Net Income (ttm) | -572.00M |
| Shares Out | 525.58M |
| EPS (ttm) | -1.10 |
| PE Ratio | n/a |
| Forward PE | 0.43 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | n/a |
| Average Volume | 3,654 |
| Open | 0.0600 |
| Previous Close | 0.0600 |
| Day's Range | 0.0600 - 0.0600 |
| 52-Week Range | 0.0600 - 0.1590 |
| Beta | 0.95 |
| RSI | 38.34 |
| Earnings Date | Jun 1, 2026 |
About Petrofac
Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The Engineering & Construction segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Asset Solutions segment offers concept, feasibility, and front-end engineering design services, as well as manages and maintains onshore and offshore operat... [Read more]
Financial Performance
In 2023, Petrofac's revenue was $2.50 billion, a decrease of -2.77% compared to the previous year's $2.57 billion. Losses were -$505.00 million, 57.8% more than in 2022.
Financial StatementsNews
UK's Petrofac seeks creditors' compromise on claims to allow asset sale
British oilfield services provider Petrofac said on Wednesday its creditors will meet later this month to vote on a proposal requiring them to compromise some of their claims in order to allow the sal...
Thousands of jobs set to be saved at oil and gas firm
A deal to take part of energy services firm Petrofac, which employs 2,000 people in Aberdeen, out of administration has been agreed.
Thousands of jobs saved as Petrofac set to be purchased
The energy services firm appointed administrators in October.
Thousands of North Sea jobs saved after Petrofac rescue deal
CB&I takeover of UK arm rescues 3,000 roles and helps Ed Miliband’s net zero goals
CB&I Expands with Petrofac's Asset Solutions Acquisition
CB&I Expands with Petrofac's Asset Solutions Acquisition
CB&I to acquire Petrofac’s Asset Solutions business
CB&I has entered into a sale agreement to acquire the Asset Solutions division of Petrofac (POFCF). The financial terms of the deal were not disclosed. The move significantly bolsters CB&I's footprint...
Renewables group Venterra lands £40m amid leadership tensions
A renewable energy group founded by the former chief executive of Petrofac, the oilfield services group which collapsed during the autumn, will this week announce a £40m fundraising despite signs of g...
Petrofac administrators eye North Sea sale by Christmas
Administrators to Petrofac, the collapsed oilfield services company, are racing to secure a sale of its North Sea operations by Christmas - a move which could save thousands of British jobs.
Former Petrofac chief seeks £40m for offshore wind group Venterra
The former chief executive of Petrofac, the oilfield services group which collapsed last month, is in talks to raise tens of millions of pounds for the offshore wind energy group he set up four years ...
North Sea Energy Firm Falls Into Administration Amid Mounting Crisis
North Sea oil and energy services group Petrofac has appointed administrators, putting thousands of jobs at risk. The company said it took the decision after one of its customers, TenneT, terminated i...
Trouble in the North Sea? Petrofac files for administration amid debt crisis; 2,000 jobs at risk
Oil and gas contractor Petrofac has filed for administration, putting approximately 2,000 jobs at risk. The company cited the cancellation of a key offshore wind contract by TenneT as the reason for i...
Petrofac’s 7,300 Jobs at Risk as Firm Files for Administration
UK energy services provider Petrofac Ltd has applied to enter administration after the company’s latest plans to restructure its balance sheet unexpectedly fell through, putting thousands of jobs at r...
Petrofac files for administration: how the FTSE 100 energy firm sunk into decline
Offshore energy firm Petrofac has filed for administration after a year of financial strain and the termination of a major contract with Dutch grid operator TenneT, putting 2,000 jobs in Scotland at r...
Petrofac files for administration putting 2,000 jobs at risk
Petrofac’s UK business is based in Aberdeen and is involved in the operation of North Sea oil platforms for firms including BP and Shell.
Oil and gas firm Petrofac files for administration, putting thousands of jobs at risk
North Sea contractor says move applies only to its ultimate holding company and it will continue to trade Business live – latest updates Petrofac, one of the biggest North Sea oil and gas contractors,...
Offshore energy firm Petrofac files for administration
The energy services provider, which had been undergoing a financial restructuring, employs about 2,000 people in Scotland.
Jobs at risk as North Sea firm Petrofac set for administration
The company employs more than 7,000 workers globally, with around 2,000 of these based at its North Sea hub in Scotland, according to reports.
North Sea giant Petrofac files for administration
Thousands of UK jobs now at risk as Aberdeen-based company faces collapse
Petrofac files for administration after losing major Dutch wind contract
Oilfield services provider Petrofac said on Monday it has applied to the High Court of England and Wales to appoint administrators after grid operator TenneT's termination of its involvement in a majo...
Petrofac administration not a great start to the week for Ed Miliband though relief could come
It's not the start to the week that Ed Miliband, the energy secretary, would have been hoping for: more than 2,000 private sector jobs in Scotland at risk from the collapse of Petrofac, the London-lis...
More than 2,000 jobs at risk as oil and gas company enters administration
More than 2,000 Scotland-based jobs are at risk as oil and energy services group Petrofac has applied for administration.
UK's Petrofac lines up administrator, Sky News reports
The board of oilfield services provider Petrofac has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and imperil more than 2,000 jobs in Scotland, Sk...
Administrators lined up for North Sea oilfield services group Petrofac
Administrators are on standby this weekend to handle the collapse of Petrofac, the oil and energy services group - an insolvency which could threaten the future of more than 2,000 jobs in Scotland.
Ministers on alert as North Sea supplier scrambles to avert collapse
UK taxpayers may need to ‘pick up the tab’ as Petrofac is put on the brink of administration
UK's Petrofac's restructuring plan to leave shareholders empty-handed
Oilfield services provider Petrofac said on Friday its ongoing restructuring would leave existing shareholders with no residual value, as it moves to complete the process by November-end.